advantage recruitment limited Company Information
Company Number
05799395
Next Accounts
Jan 2025
Industry
Temporary employment agency activities
Directors
Shareholders
andrew paul medley
edwin jon wager
View AllGroup Structure
View All
Contact
Registered Address
cartergate house, 26 chantry lane, grimsby, north east lincolnshire, DN31 2LJ
Website
advantage-recruitment.co.ukadvantage recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANTAGE RECRUITMENT LIMITED at £239.9k based on a Turnover of £1.6m and 0.15x industry multiple (adjusted for size and gross margin).
advantage recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANTAGE RECRUITMENT LIMITED at £0 based on an EBITDA of £-41.4k and a 2.25x industry multiple (adjusted for size and gross margin).
advantage recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANTAGE RECRUITMENT LIMITED at £0 based on Net Assets of £-123.1k and 1.53x industry multiple (adjusted for liquidity).
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Advantage Recruitment Limited Overview
Advantage Recruitment Limited is a dissolved company that was located in grimsby, DN31 2LJ with a Companies House number of 05799395. It operated in the temporary employment agency activities sector, SIC Code 78200. Founded in April 2006, it's largest shareholder was andrew paul medley with a 60% stake. The last turnover for Advantage Recruitment Limited was estimated at £1.6m.
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Advantage Recruitment Limited Health Check
Pomanda's financial health check has awarded Advantage Recruitment Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£10m)
- Advantage Recruitment Limited
£10m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (8.7%)
- Advantage Recruitment Limited
8.7% - Industry AVG
Production
with a gross margin of 11.3%, this company has a higher cost of product (17.4%)
- Advantage Recruitment Limited
17.4% - Industry AVG
Profitability
an operating margin of -2.6% make it less profitable than the average company (3%)
- Advantage Recruitment Limited
3% - Industry AVG
Employees
with 3 employees, this is below the industry average (63)
- Advantage Recruitment Limited
63 - Industry AVG
Pay Structure
on an average salary of £38.8k, the company has an equivalent pay structure (£38.8k)
- Advantage Recruitment Limited
£38.8k - Industry AVG
Efficiency
resulting in sales per employee of £531.2k, this is more efficient (£263.4k)
- Advantage Recruitment Limited
£263.4k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is earlier than average (50 days)
- Advantage Recruitment Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (5 days)
- Advantage Recruitment Limited
5 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Advantage Recruitment Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (4 weeks)
0 weeks - Advantage Recruitment Limited
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 191.2%, this is a higher level of debt than the average (74.6%)
191.2% - Advantage Recruitment Limited
74.6% - Industry AVG
ADVANTAGE RECRUITMENT LIMITED financials
Advantage Recruitment Limited's latest turnover from August 2016 is estimated at £1.6 million and the company has net assets of -£123.1 thousand. According to their latest financial statements, we estimate that Advantage Recruitment Limited has 3 employees and maintains cash reserves of £1.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|
Turnover | ||||||||
Other Income Or Grants | ||||||||
Cost Of Sales | ||||||||
Gross Profit | ||||||||
Admin Expenses | ||||||||
Operating Profit | ||||||||
Interest Payable | ||||||||
Interest Receivable | ||||||||
Pre-Tax Profit | ||||||||
Tax | ||||||||
Profit After Tax | ||||||||
Dividends Paid | ||||||||
Retained Profit | ||||||||
Employee Costs | ||||||||
Number Of Employees | ||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|
Tangible Assets | 372 | 705 | 366 | 487 | 673 | 1,010 | 1,298 | 1,767 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 372 | 705 | 366 | 487 | 673 | 1,010 | 1,298 | 1,767 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 133,440 | 238,700 | 258,490 | 141,649 | 128,937 | 158,866 | 83,640 | 55,149 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 5,806 | 4,926 | 737 | 0 | 0 | 7,562 | 14,992 |
Cash | 1,177 | 1,385 | 19,282 | 72 | 18 | 11,684 | 227 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 134,617 | 245,891 | 282,698 | 142,458 | 128,955 | 170,550 | 91,429 | 70,141 |
total assets | 134,989 | 246,596 | 283,064 | 142,945 | 129,628 | 171,560 | 92,727 | 71,908 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 248,047 | 317,929 | 349,376 | 216,899 | 154,709 | 163,655 | 65,771 | 17,995 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 248,047 | 317,929 | 349,376 | 216,899 | 154,709 | 163,655 | 65,771 | 17,995 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
total liabilities | 258,047 | 327,929 | 359,376 | 226,899 | 164,709 | 173,655 | 75,771 | 27,995 |
net assets | -123,058 | -81,333 | -76,312 | -83,954 | -35,081 | -2,095 | 16,956 | 43,913 |
total shareholders funds | -123,058 | -81,333 | -76,312 | -83,954 | -35,081 | -2,095 | 16,956 | 43,913 |
Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||
Operating Profit | ||||||||
Depreciation | 333 | 296 | 121 | 186 | 337 | 488 | 970 | 1,261 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -111,066 | -18,910 | 121,030 | 13,449 | -29,929 | 67,664 | 21,061 | 70,141 |
Creditors | -69,882 | -31,447 | 132,477 | 62,190 | -8,946 | 97,884 | 47,776 | 17,995 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||
Investing Activities | ||||||||
capital expenditure | ||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||
Financing Activities | ||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,000 |
share issue | ||||||||
interest | ||||||||
cash flow from financing | ||||||||
cash and cash equivalents | ||||||||
cash | -208 | -17,897 | 19,210 | 54 | -11,666 | 11,457 | 227 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -208 | -17,897 | 19,210 | 54 | -11,666 | 11,457 | 227 | 0 |
advantage recruitment limited Credit Report and Business Information
Advantage Recruitment Limited Competitor Analysis
Perform a competitor analysis for advantage recruitment limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in DN31 area or any other competitors across 12 key performance metrics.
advantage recruitment limited Ownership
ADVANTAGE RECRUITMENT LIMITED group structure
Advantage Recruitment Limited has no subsidiary companies.
Ultimate parent company
ADVANTAGE RECRUITMENT LIMITED
05799395
advantage recruitment limited directors
Advantage Recruitment Limited currently has 1 director, Mr Andrew Medley serving since Apr 2006.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Andrew Medley | England | 60 years | Apr 2006 | - | Director |
P&L
August 2016turnover
1.6m
-24%
operating profit
-41.7k
0%
gross margin
11.3%
-0.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2016net assets
-123.1k
+0.51%
total assets
135k
-0.45%
cash
1.2k
-0.15%
net assets
Total assets minus all liabilities
advantage recruitment limited company details
company number
05799395
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
April 2006
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
August 2016
previous names
N/A
accountant
-
auditor
-
address
cartergate house, 26 chantry lane, grimsby, north east lincolnshire, DN31 2LJ
Bank
HSBC BANK PLC
Legal Advisor
-
advantage recruitment limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to advantage recruitment limited.
advantage recruitment limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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advantage recruitment limited Companies House Filings - See Documents
date | description | view/download |
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